cash value Definition

cash value

Definition

The amount available in cash upon cancellation of an insurance policy, usually a whole life policy, before it becomes payable upon death or maturity. also called cash surrender value or surrender value.

This content can be found on the following page:

Reproduction of all or part of this glossary and/or this page, in any format, without written consent is prohibited. If you have questions about this dictionary please feel free to contact us feedback\@\investorguide.com

cash value is ...
... part of the Insurance subject.

Related Terms

1035 exchange - More

cash value life insurance policy - More

policy loan -

savings element, universal life, amount at risk, cash value insurance, interest-sensitive insurance policy

cash value appears in the definitions of these other terms on BusinessDictionary.com

market value policy, accelerated option, cash surrender value (CSV), insurable value, overinsurance, and

Featured Sponsor